Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-08-11

GAZETTE OFFICE,
FORT WORTH. TEX, Aug. 10, 1857.
Trade was sctive to-day.
-Four bales of new crop cotton were
marketed here to-day, Sa SIC being paid
per pound. Quotations at present are
nominal, but prices will probably be fixed
next week.
Butter was somewhat trmer to day at
Is cents.
TIE STATE OF TRADE.
Special kilograms 10 Brsds'reet's en-
DhasiZa previous reports of serious dam
age to the Indian corn crop from
drouth. Rain in Kansas and Mis-
souri, has not been heavy or widespread.
The belief grows that serious cur
t9ilment sof the crop is threatened,
and speculation in corn at Chicago, and
New York to less extent, has reflected
this. Prices are advancing, and leading
commission houses note the receipt of
buying orders from farmers and others at
many points throughout the corn belt.
Prices are up &c on the week at New York
aud SC Of Chicago. Exports of Germ for
the year ending June 80 were valued at
81, $4,000 less than in the year before,
owing largely to increased ship
ments from southeastern Europe.
Low grade hogs are being
thrown on the market west, in the face
OF the probable decrease in the corn
output. This sends prices OF hogs down,
although products east have been fairly
we'll sustained. The increase in value
of meats and hog and dairy products for
the year ended June so over the year be-
fore was but S2,157, 900. Wheat has been
nervous but weak under light exports,
weak cables, better crop prospects
abroad and the collspse of the Cali
fornia wheat corner. Cash closes 1c
above last week. In the settlement Of
the wheat deal at San Francisco the
shorts receive 81 per ton, and bank de-
posits and margins. xfe reduced to $I.7O.
The shorts are to receive per cent in
terest for carrying wheat to September,
October, NoveIhber and December, de-
fasssrIlg cpe@duarter each month. Cali
fornis Farmers are reported to hsve sold
one-hslf the new crop. Wheat exports
lsst year were S40,0G0,000 heavier than
for the year ending June so, 1886; wheat
-four exports SIS, sos, 00sheavier.
moderate restriction in the move
ment of staple merchandise to the lnte
rior from most Of the larger eastern and
western cities is the feature of general
trade, extending to sales of dry goods,
groceries, hardware and millinery, and
being most noticeable st Cincinnati,
Louisville, Chicago, Omaha, Kansas
City, indianapolis and St. Louis
At Boston, San Francisco and
St. Louis call-loan rates are higher
Demands from the west are q primary
cause at Boston; the speculative troubles
at San Francisco actually demoraliZed
New York exchange on Thursday, and
interior demands for funds at St Louis
put rates up there. There is no change
at Kansas City. At Chicago money is
easier and rates are lower, owing to
checked demand from the grain trade
and general mercantile lines. The
action of the Secretary OF the Treas
ury in Offering to anticipate interest
payments and 10 buy AIS had a perceptible
effect in easing the Philadelphia market,
and has tended TO allay spprehensions OF
strirgency st New York. Influenced
largely By this, the New York stock mar
ket has shown renewed strength, and
prices have recovered considerably from
the recent decline. Government bonds
also tend higher Bradstreet's.